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Showing 41 - 50 of 134 results for %22Smart Choice%22

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... this could have a significant impact. "Forcing funds to now bundle indirect costs into the headline fees is meanwhile a smart move as these indirect cost ratios were, in effect, fees anyway," he added. ASIC is seeking industry feedback until 2 April ...

Joint venture to set new ETF standard

JAMIE WILLIAMSON  |  WEDNESDAY, 9 JAN 2019
... strategies. There will be 106 high-quality, liquid, cost-competitive index solutions managed by BlackRock Canada and 44 index, smart beta and actively managed solutions overseen by RCB GAM. Under the partnership, five of RBC GAM's existing ETFs will ...

ANZ wealth flows decline

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... released this morning, ANZ reported its divested pension and investments - which included the wrap platform, ANZ Smart Choice, One Answer Frontier - suffered net outflows of $1.8 billion. In FY17, net outflows totalled $1.1 billion. Funds under management ...

CBA fires up over Dollarmites criticism

HARRISON WORLEY  |  FRIDAY, 5 OCT 2018
... education initiatives." However the bank pushed back, pointing out its other in-school financial literacy program, Start Smart, does not promote the bank's products or services. According to CBA, the program is the largest financial education program ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... Act, when customers believed that branch staff had taken relevant circumstances into account and were recommending Smart Choice Super - resulting in customers switching super funds to end up in a less suitable ANZ product. AMP's trustees may have ...

Swiss asset manager eyes Aussie instos

KANIKA SOOD  |  THURSDAY, 16 AUG 2018
... investment team will look for potential investments in areas including large scale solar farms, wind re-powering projects, smart-grid and smart metre roll outs and e-mobility charging infrastructure. The SUSI Asia energy transition strategy will target ...

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
... Pankhurst was questioned by Senior Counsel Assisting Michael Hodge about the process customers are sold ANZ's Smart Choice Super product. Typically, branch staff conduct an A to Z review of the customer's financial situation as well as their ...

Mis-selling super a win for consumers

JAMIE WILLIAMSON  |  THURSDAY, 2 AUG 2018
... Undertakings they recently entered with ASIC in relation to the distribution of their respective Essential Super and Smart Choice Super products. CBA and ANZ were ordered to pay the community benefit payment which ASIC has now forwarded to the SCC to ...

CBA, ANZ told to clean up superannuation distribution

KANIKA SOOD  |  FRIDAY, 6 JUL 2018
... community. ASIC investigated CBA's distribution of its Essential Super product and ANZ's distribution of its Smart Choice Super and Pension product (Smart Choice Super) through bank branches. It found that it was a "common practice" for the branches ...

IOOF flags ANZ Wealth results ahead of acquisition

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
... million), OneAnswer Frontier ($11 million), Legacy Retail ($607 million) and Legacy Employer ($140 million). Only Smart Choice saw net inflows of $321 million. IOOF recently updated the market as to the progress of its acquisition of OnePath's pension ...